The approval of the first spot Bitcoin ETFs in the US will be historic. If you have been speculating about entering the crypto market, there might not be a better time than now, as it is poised to skyrocket. Standard Chartered Bank, a leading international banking group, sees a strong inflow of liquidity into the Bitcoin (BTC) market upon spot ETF approvals. According to their forecasts, the price of BTC could reach $200,000 by the end of 2025. This bullish narrative makes Bitcoin one of the best cryptos to buy now.
At the same time, analysts are betting on Ripple (XRP), despite its underwhelming performance so far. Further, InQubeta (QUBE), a top ICO with over $8.1 million raised in its early funding, is tipped for explosive growth after its launch.
This post will discuss Standard Chartered’s bullish outlook on Bitcoin. In addition, it will cover why XRP and InQubeta are the best coins to invest in now.
InQubeta (QUBE): Explosive Launch
Among the new ICOs, one stands out: InQubeta (QUBE). It is unique thanks to its intriguing blend of AI and blockchain, as well as its explosive upside potential. The frenzy around its presale has resulted in the raising of a staggering $8.1 million as investors aim to ride its strong bullish wave after launch.
At the time of this writing, the ICO is in its seventh round—near its launch—and costs only $0.0224 per token. Meanwhile, according to experts’ predictions, early holders will see an astounding 50x increase in the first six months after launch. Hence, if you are searching for the best new crypto to invest in, InQubeta represents a compelling option.
Besides its explosive growth potential, it will also play a critical role in both the AI and crypto sectors. To address the fundraising challenge within the AI sector, it will become the first crowdfunding platform for AI startups through cryptocurrency. That won’t be all; its NFT marketplace will provide democratized access to the fast-growing AI market.
Bitcoin (BTC): $200,000 By 2025?
Bitcoin (BTC) at $200,000? Let’s have it, please! Undoubtedly, the price of BTC is expected to soar upon the approval of spot ETFs. It isn’t rocket science, as institutional players will be entering the crypto scene, and the only trajectory is upward from there. If you have yet to position yourself by purchasing BTC, this might be a reminder to do so, as it is positioned as one of the best cryptos to buy now.
While there have been different speculations about Bitcoin’s price outlook upon the approval of spot ETFs, Standard Chartered Bank’s prediction has been creating quite a buzz. According to the international banking group, Bitcoin could reach $200,000 by the end of 2025. Hence, purchasing Bitcoin at its current price is a no-brainer and might be one of the smartest decisions you could have made.
Ripple (XRP): Analysts Bet on Explosive Growth
While the overall market has been reacting to the buzz around the anticipation of Bitcoin ETF approval, Ripple (XRP) has yet to catch the fever. Does that mean it isn’t a good crypto to buy? Certainly not.
Experts believe XRP’s current consolidation is a preparation for a strong bull run. It showed its remarkable potential in the middle of last year, a move it could replicate. Moreover, with 2024 set to be a bull market, XRP is positioned as one of the altcoins to watch.
Conclusion
Bitcoin reaching $200,000 by the end of 2025, according to Standard Chartered Bank’s forecast, is all you need to double down on BTC and HODL. Meanwhile, XRP and InQubeta have emerged as cryptocurrencies to watch, with the latter expected to skyrocket after its launch.
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